Former prime minister Liz Truss's mini-budget damaged the UK's reputation abroad, the governor of the Bank of England Andrew Bailey has told MPs.Mr Bailey said people he had met in the US during the fallout from the announcement in September expressed disbelief at the steps that the Government had taken.

Former prime minister Liz Truss's mini-budget damaged the UK's reputation abroad, the governor of the Bank of England Andrew Bailey has told MPs.Mr Bailey said people he had met in the US during the fallout from the announcement in September expressed disbelief at the steps that the Government had taken.